If your managed funds were in existence at the opening of your GnuCash books, the the appropriate account will be an Equity account and Opening Balances is an appropriate subaccount. If not then whatever account the funds came from to setup the investment. You will need to account for any fees etc at setup.
If the balance of the investment account increases through investment returns, then an income account will be appropriate as you suggested. Where it resides in your account heirarchy though depends on the tax status and reporting requirements for such gains and losses. You really need the advice of a local accountant when dealing with the investment gains and losses. It will depend a lot on your local tax rules and the extent to which investment losses can be offset against other gains and losses and whether losses can be carried forward etc. David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
